Canadian Prime Minister Justin Trudeau has slammed the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki offers his own cryptocurrency advice before what he considers to be the “biggest economic crash in history”. .” Additionally, the US SEC is setting up a dedicated office to review crypto filings, and the Ethiopian government is cracking down on cash carriers. All of this just below in the latest week of Bitcoin.com news.
Justin Trudeau criticizes Pierre Poilievre for telling people they can ‘opt out’ of inflation by investing in cryptocurrency
Canadian Prime Minister Justin Trudeau has slammed Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people they can “get out of inflation” by investing in cryptocurrencies. Trudeau claims his Conservative rival’s crypto advice is not “responsible leadership.”
Robert Kiyosaki urges investors to get into crypto now, ahead of the biggest economic crash in global history
Famous author of the bestselling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in global history is imminent. “Now is the time to get into crypto,” he stressed.
US SEC sets up dedicated office to review crypto filings
The United States Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized support” for crypto assets.
The Central Bank of Ethiopia limits the amount of cash travelers can hold and sets exchange requirements
According to the directive from the National Bank of Ethiopia, which came into force on September 5, people entering and leaving the country in possession of local currency are now subject to new restrictions. Individuals cannot hold local currency whose value exceeds $57.00 or 3,000 birr. The directive also sets out the conditions and circumstances under which Ethiopian residents and non-residents can own and use foreign currency.
What do you think of the top stories from this week? Let us know in the comments section below.
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